DreamWorks SKG Co-Founder Jeffrey Katzenberg and WNDRCO General Partner Justin Wexler join ‘The Claman Countdown’ to discuss the AI revolution, growing cybersecurity risks, and the rise of young innovators reshaping Silicon Valley.
DreamWorks SKG co-founder Jeffrey Katzenberg told Fox Business on Wednesday that artificial intelligence is moving beyond incremental change and into something more significant.
Katzenberg joins anchor Liz Claman on “The Claman Countdown” to discuss the acceleration of AI innovation and what it means for industries ranging from cybersecurity to entertainment. He said AI brings a fundamental turning point in how technology reshapes business and creativity.
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Katzenberg pointed to a surge of activity in Silicon Valley, where startups and major companies alike are racing to harness the technology’s capabilities, describing an environment driven by both optimism and urgency.
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Jeffrey Katzenberg discusses the rapid pace of AI innovation and what it means for industries. (Gilbert Flores/Variety; Mikellwilliam/Getty/Getty Images)
“There is incredible excitement today around all things AI. There is no doubt that we are not in an evolutionary moment, we are in a revolutionary moment,” he said.
Katzenberg said the pace of growth is being driven by a new generation of builders entering the space earlier than ever before, as well as tools that are lowering the barriers to entry.
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“The level of excitement about the impossible suddenly becoming possible right now is palpable, it’s surreal,” he said.
While the technology is advancing rapidly, Katzenberg suggested that its long-term impact will depend on how businesses and manufacturers adapt to the ongoing change.
Still, those reluctant to adapt shouldn’t be afraid of AI — when asked if animators in Hollywood should fear for their jobs, Katzenberg dismissed those concerns.
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He said, “As much as I appreciate the innovation going on, in my opinion, I still think the human touch is absolutely essential to great storytelling.” “The analogy I would make is that there’s a difference between prose and poetry, and I think when you have these types of inputs and outputs coming in, they kind of have a common baseline in it, but they’re missing the poetry that comes with real creativity.”
“Now, these tools are truly phenomenal,” Katzenberg continued. “And I think they need to be more open to adoption, as there was for me when we moved from hand-drawn animation to computer animation, right?”
